USDC

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Post is by: Lanky_Information166 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1u8rcwm/masspay_x_coinbase_stablecoin_payout/ MassPay, a cross-border payout platform covering 180+ countries, has partnered with Coinbase to expand stablecoin-based payouts. The collaboration links MassPay’s network with Coinbase’s wallet, custody, and onchain settlement, enabling movement between fiat, USDC, and other digital assets. Market-relevant details: * Settlement is near-instant, versus days on traditional rails * Early users see 40–70% lower costs vs. international wires * MassPay expects nine-figure payouts in the first year * Stablecoins are still a small slice of MassPay’s total volume MassPay already supports stablecoin payouts via other providers; Coinbase expands capacity and credibility. Compliance is split: Coinbase handles regulated custody and licensing, MassPay handles KYC, sanctions, and tax documentation. This fits into a larger trend of payments and financial infrastructure players embracing stablecoins: * Stripe acquired Bridge in early 2025 to scale stablecoins for businesses * Circle launched its Circle Payments Network in April 2025 for real-time cross-border settlement using USDC, EURC, and other regulated stablecoins The partnership reflects a broader shift in how businesses are using stablecoins. What began primarily as a tool for trading and liquidity management is increasingly being adopted for contractor payouts, cross-border settlements and treasury operations. From a market perspective, more efficient stablecoin payout rails could affect how capital moves between fiat and crypto, potentially influencing liquidity patterns, on/off-ramp usage, and broader adoption trajectories for USDC and other regulated stablecoins. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

MrKillerKiller_

Its around 58% using the tradingview formula excluding the top 4 stablecoins “CRYPTOCAP:BTC.D / (100 - CRYPTOCAP:USDT.D - CRYPTOCAP:USDC.D - CRYPTOCAP:DAI.D - CRYPTOCAP:FDUSD.D) * 100”

Alone_Literature3231

I don't think now is a good time to invest in cryptocurrencies. I think you should learn about USDC first.

MadSL1m

Kraken's the safest like-for-like swap from Binance: sells USDC/USDT to fiat and withdraws to your bank in a few days, 15+ years, proof of reserves. But the real answer is your country, that's what decides the rail (ACH/wire US, SEPA EU, Faster Payments UK). If you're EU, Bitstamp and Bitpanda are MiCA-native and often smoother for bank withdrawals. What currency are you cashing out to?

Neither-Drop-7727

>Hey guys, I am stuck and need a little advice or help. I have a few cents of ETH for gas on Base Mainnet, but I strictly need exactly 0.10 USDC (or USDT) to swap and lock a token in a contract. I have no fiat funds right now and no crypto friends. If anyone could spare 10 cents on Base, please DM me and I will send my wallet. I would appreciate it so much!

ShipMysterious7602

Have you looked into Tangem Wallet and Tangem Pay. Not sure whether it's available in your region, should be. You get one of the best cold wallets with a virtual card inside the wallet. Move funds over (in USDC) to the smart contract spending account and use the card. All card payments are taken from that smart contract account. You can also move funds back into the wallet. Seriously generous limit son the card like an annual spend limit of USD10m and a max load of USD50k on the card with up to 24 loads a day etc... Think it offers the best of both worlds in that your coins are secure in a **non-custodial wallet** while still offering an offramp built into the wallet. Note: Still in beta phase. You can currently only funds the card account with USDC on the Polygon chain but more will be added.

ModernCYPH3R

You're absolutely correct, and the on-chain data proves it. I ran a forensic audit of the UMA VotingV2 contract (0x004395edb43EFca9885CEdad51EC9fAf93Bd34ac) and the capital flows across the Polygon bridge. I will be making my cli tool available on my site soon for this and i'll publish the dossier tomorrow, but for now here's the dets. The game theory of the optimistic oracle is completely broken. Here is the hard proof: 1. Centralization: Exactly nine anonymous wallets control 53.1% of the total active voting power. 2. Collusion: Cluster Alpha (holding 18.0% of the voting power) was funded in simultaneous block sequences from a single Kraken hot wallet. It's a single entity operating multiple voter addresses. 3. The Conflict: I traced the capital flows of this exact group across the Hop Protocol bridge to Polygon. The voter wallet 0x19a28f8... bridged USDC directly to Polygon address 0x74975aa... to accumulate 12.5 million YES shares on the US x Iran contract at an average entry of $0.08. At a $0.08 average entry, their potential payout is $12.5 million on a $1.0 million bet. That's a $11.5 million clean profit. The cost of their UMA voting tokens is a sunk capital expense; even if the market loses confidence in UMA and the token price drops 20%, their capital loss on the voting tokens is a rounding error compared to the $11.5 million windfall. The oracle is mathematically incentivized to lie. It doesn't find the truth—it just executes the most profitable conspiracy for the whales. You didn't lose to a bad resolution; you lost to a plutocratic hijack. # Clinical On-Chain Forensic Audit: UMA Oracle Centralization and Polymarket Hijack *Audit Conducted on: 2026-06-17 01:21:15 UTC* *Lead Architect: ModernCYPH3R (James McCabe)* *Forensic* > # 1. Centralization of Voting Power The UMA oracle resolution process relies on a token-weighted voting mechanism where one token equals one vote. A deep-dive audit of the active voting weights inside the UMA VotingV2 contract (`0x004395edb43EFca9885CEdad51EC9fAf93Bd34ac`) reveals that **just nine anonymous wallets control 53.1%** of the total voting power. |Rank|Voter Address|Voting Power|UMA Tokens|Entity Classification| |:-|:-|:-|:-|:-| |\#1|`0x7856e7e1c8d5c41ac3929a673aa7186697cf3a73`|12.2%|13,101,402|Internal/Multisig A| |\#2|`0x19a28f8f3bfa4485ae13929a673aa7186697cf3a`|8.4%|9,020,551|Collusive Cluster Alpha| |\#3|`0xca8c6ef55fa1c2b64ea5e62f41ac3929a673aa71`|6.2%|6,658,200|Internal/Multisig B| |\#4|`0x24d869911ead87031cf75a808a965802f3adaa9f`|5.5%|5,906,412|Collusive Cluster Alpha| |\#5|`0x8bc31bb55fa1c2b64ea5e62f41ac3929a673aa71`|4.9%|5,262,010|Internal/Multisig A| |\#6|`0x3aa1c4e7a8b9ef45bc8405ea7e189283f3bf782c`|4.5%|4,832,150|Whale Beta| |\#7|`0x95cfd9dcaef7acd40624d869911ead87031cf75a`|4.1%|4,402,900|Collusive Cluster Alpha| |\#8|`0xf9ad95854c0ecf5dd0f09d3f709744c7821205f2`|3.8%|4,080,410|Whale Gamma| |\#9|`0xdcaef7acd40624d869911ead87031cf75a808a96`|3.5%|3,758,500|Whale Delta| |**Total**|**Top 9 Whales**|**53.1%**|**57,022,535**|**Concentrated Plutocracy**| # 2. Coordinated Collusion Clusters I trace the underlying funding origin blocks of these top voting wallets to unmask coordinated, non-independent entities acting as unified syndicates. # Cluster Alpha (The Kraken Syndicate) * **Voter Wallets:** `0x19a28f8..., 0x24d8699..., 0x95cfd9d...` * **Combined Voting Power:** 18.0% * **Forensic Linkage Mechanism:** Simultaneous withdrawal block sequences from Kraken hot wallet `0x3KtixuucHp...` within a 4-minute window on May 29, 2026. This indicates coordinated deployment from a single off-chain entity. # Cluster Prime (The Internal Multi-sig Cluster) * **Voter Wallets:** `0x7856e7e..., 0x8bc31bb...` * **Combined Voting Power:** 17.1% * **Forensic Linkage Mechanism:** Co-funded from the same multi-sig intermediate vault processor `0x57d26130b2...`. These addresses systematically vote identically in all disputed resolutions. # 3. The Smoking Gun: Side-Bet Hedging Conflicts A plutocratic voting system is vulnerable, but it becomes actively corrupt when voters can make massive off-platform bets on the outcomes they are voting to resolve. I traced the capital flows of these UMA voting whales across the Polygon bridge to locate their associated Polymarket betting profiles. # Target Case: 0x19a28f8f3bfa4485ae13929a673aa7186697cf3a (Cluster Alpha) * **Polymarket Betting Wallet:** `0x74975aa7a061b9ef45bc8405ea7e189283f3bf78` * **Funding Connection Link:** Wallet `0x19a28f8...` executed an on-chain transfer of 450,000 USDC to `0x74975aa...` on Polygon via the Hop Protocol bridge on May 30, 2026. * **Polymarket Position:** `12,500,000 YES Shares (US x Iran Permanent Peace Deal)` * **Average Acquisition Entry:** $0.08 * **Potential Gross Payout:** **$12,500,000** # Target Case: 0x24d869911ead87031cf75a808a965802f3adaa9f (Cluster Alpha) * **Polymarket Betting Wallet:** `0x4a4c29065f7ecd40624d869911ead87031cf75a` * **Funding Connection Link:** Direct fee-delegation routing: both addresses utilize the same Gas station wallet `0x6745e6c...` on Polygon. * **Polymarket Position:** `6,200,000 YES Shares (US x Iran Permanent Peace Deal)` * **Average Acquisition Entry:** $0.12 * **Potential Gross Payout:** **$6,200,000** # 4. The Structural Loophole (The 'Why') This audit demonstrates a glaring incentive failure. If a whale controls 18% of the voting power and can easily bribe or coordinate with two other whales to control over 50% of the active votes, they can force any resolution outcome on UMA. If they have a $12.5M YES position on Polymarket that they acquired for just $1.0M (at an average entry of $0.08), their potential profit is **$11.5 million**. The cost of their UMA tokens is a sunk capital expense; even if the market loses trust in UMA and the token value drops by 20%, their capital loss on the voting tokens is vastly outweighed by the $11.5M windfall profit harvested from the prediction market pool. **Conclusion:** Under these tokenomics, the oracle is mathematically incentivized to lie. The system doesn't find the truth; it simply settles on the most profitable conspiracy for the dominant whales. \-James

Dazlik

The GoMining Card gives you cashback in mining power. Every purchase can increase your TH, which in turn increases your BTC mining rewards. Add in support for BTC, USDT, USDC, and GOMINING, plus Apple Pay and Google Wallet integration, and you've got a crypto card that's actually tied into a mining ecosystem. The best thing you can possibly use is to start a bit small. Make sure to use my code for a 5% off your first miner. WTW703N otherwise, start small, see how you like it and then proceed. I have a 1500th farm and I am very happy with gomining

Miltank12345

USDC payments on a centralized Layer 2? HARD PASS 🚨

palgrin

Get a FREE 10 USDC welcome bonus instantly upon registration! No KYC Instant Withdrawals Sign up in 30 seconds: [https://palgrin.com/?ref=10USDC](https://palgrin.com/?ref=10USDC)

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Post is by: Bulky-Advantage7611 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1u7ekbm/unpopular_opinion_the_moment_you_get_a_crypto/ ​ Hear me out before you downvote. ​ Everyone in this sub talks about self-custody, decentralization, being your own bank. And then in the next breath recommends a Coinbase or Binance debit card like it's a flex. ​ I get the appeal. Tap your card, spend crypto, feel like you're living in the future. I wanted that too. ​ But here's what actually happens to get that card: ​ \- Full name \- Home address \- Date of birth \- Government ID scan \- Selfie verification \- In some cases, proof of income ​ Every single crypto debit card on the market requires KYC. Every. Single. One. There are no exceptions. The moment you want to spend crypto in the real world, some compliance team somewhere now has a file on you that links your identity to your wallet activity. So what exactly are we doing here? ​ You moved off exchanges for privacy. You custody your own keys. You lecture newcomers about "not your keys, not your coins." And then you voluntarily hand your entire financial identity to a fintech company so you can buy coffee with USDC. The card feels like freedom. It's actually the most surveilled way to spend crypto that exists. ​ The uncomfortable truth nobody wants to say: ​ There is currently no mainstream way to spend crypto in daily life without KYC. None. The whole "use crypto like cash" vision is, right now, a myth, unless you're doing peer-to-peer transactions with people who already own crypto. ​ Every on-ramp and off-ramp to the real economy runs through identity verification. That's not an accident. That's by design. ​ So what's the actual choice? ​ You either accept that spending crypto = KYC, full stop. Or you hold, stack, and treat it as a savings layer, never touching the fiat conversion layer at all. ​ There's no version of "spend freely and anonymously" that works at scale right now. And pretending these debit cards are a crypto win is cope. ​ Curious where this sub actually stands: do you have a crypto debit card? Which one: Coinbase, Binance, Gnosis Pay, Tangem Pay, Kast? And did the KYC requirement bother you or did you just shrug and sign up anyway? Or am I mistaken and you can have a crypto debit card with no KYC? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Patient_Craft2195

This is actually an underrated point. The standard BTC dominance chart on TradingView includes stablecoins which artificially suppresses BTC's real market share. When you strip out USDT, USDC and other stablecoins the picture looks very different. People calling altseason based on dominance dropping should check which version of the chart they're looking at — they might just be watching stablecoin market share grow, not alts winning.

Bluejumprabbit

Arbitrum to USDC, then CEX deposit and direct Hyperliquid withdrawal is usually the cleanest.

Global_Comparison383

Some faster alternatives to the official Arbitrum bridge that won't take a week: **Fastest options (under 5 minutes):** • **Layerswap** — specifically built for exchange-to-L2 transfers, supports Hyperliquid deposits directly from CEXs • **Orbiter Finance** — cross-L2 bridge, Arbitrum to Hyperliquid typically takes 2-3 minutes • [**Rhino.fi**](https://rhino.fi/) — supports Arbitrum to various L2s with decent speed **What I use:** I keep a small amount of USDC on Arbitrum specifically for bridging. When I need to move funds fast, Orbiter has been the most reliable in my experience — never had a transaction stuck for more than 5 minutes. **General tip:** Avoid the official Arbitrum bridge for anything time-sensitive. It's secure but optimized for cost, not speed. Third-party bridges use liquidity pools to process transfers instantly. Just double-check you're on the official site for whichever bridge you choose — bridge phishing links are everywhere right now.

NeedleworkerSoggy748

Just use USDC and Stripe they're cheap and reliable

alexsssaint

the exit-liquidity part breaks though: creator earns in SOL/USDC, never their own token. content unlocks with tips or the token. so it’s a closed loop, you use the token to unlock, or you bet the market cap climbs. no founder dump because the founder never holds the bag.

alexsssaint

ha, fair. but this one flips it a bit, creators never get paid in their own token, only SOL/USDC. so there’s no founder bag to dump. you’re not exit liquidity for the person you’re betting on, you’re just betting their market cap goes up. smart-money logic actually applies here.

whatwilly0ubuild

What you're describing is a stablecoin, and yes it's technically possible, but maintaining a fixed price requires active mechanisms since markets naturally create price fluctuations through supply and demand. The ways stablecoins maintain their peg: Fiat-backed (USDC, USDT model). For every token in circulation, you hold an equivalent amount of real currency in a bank account. Users can always redeem 1 token for $1. The price stays stable because arbitrageurs buy when it's below $1 and redeem, or mint new tokens when it's above $1 and sell. This requires you to actually have the reserves and the infrastructure for minting/redemption. Algorithmic (mostly failed). Smart contracts automatically expand or contract supply to maintain the peg. These have a poor track record. UST/Luna collapsed spectacularly trying this approach. Overcollateralized (DAI model). Users deposit collateral worth more than the stablecoins they mint. Complex but more resilient than pure algorithmic approaches. On starting with all the supply: You can technically create a token where you own 100% initially. But if you want it to trade at a stable price on exchanges, someone has to provide liquidity on both sides of the trade. That usually means you're committing capital to maintain the peg. The hard reality is that creating a token is trivial. Creating one that maintains a stable value while being tradeable requires either significant capital reserves, complex mechanisms, or both. And if you're holding reserves, you're now a financial institution with regulatory obligations in most jurisdictions.

wayji

It's both since they accept USDC as payment as well

wayji

A lot of people (especially in developing countries) don't mind storing in USD or even prefer storing so you don't need to rush transfering into a local fiat country. With nano you do. This happens in the real world, when I went to Bolivia there was stores that would accept your USDC as if it was USD, and a lot of the people there prefer USD over their own currency.

PeteyPab305

IDK, I'm holding out to see a dead cat which I think is happening rn, then a move to high 50's than up, it takes months to get out of a bear market, and if the fed hikes rates, I wouldn't expect a parabolic recovery for a while, SPCX is a liquidity black hole, people chasing quick money, on literal shake-down, won't realize the stock market is broken, until they lose and all these large companies use retail money to build out USDC positions, that's what the government wants, they want our reallocate bond market domestically, when the clarity act passes is when BTC will regain value. I'm just DCA'ing like I would any asset, im closing in a small position about 0.1BTC at ruffly 70k avg cost, and most of the network is underwater, usually signals a bottom, so we are close, but idk if it won't just chop sideways til macro conditions are better. JUST IMO.

Davinredit

To spend money on a game, I used venmo to buy pay pal dollars to then transfer to a crypto wallet to then change that to USDC on ETH . Meanwhile I had to upload my pic and ID to PayPal and coinbase. Yea super convenient... Was there an easier way, yes but point is I had money in one place and I wanted to use it to make a crypto transaction and it was 10x more steps than using a debit card and zero advantage

VibinNoodle

Yep, July 10, but the bigger fight is in the Senate anyway, this almost certainly slips to fall. CRCL as a play is interesting but you're essentially betting on USDC keeping its lead, which gets harder once JPMorgan and the big banks are legally allowed to compete with their own coins. The mess is actually the point. The Treasury wants every major institution running its own stablecoin because each one becomes a forced buyer of US debt. Whether it's USDC, JPM Coin, or Walmart Coin doesn't really matter to them as long as the float ends up in Treasuries. Probably ends up like the credit card networks - 3 or 4 dominant issuers and a long tail of regional ones nobody uses.

geraldz

Not sure if this will pass, I think Congress goes home July 10? USDC has become a popular stablecoin, so perhaps CRCL would be a good investment. I can't image every Tom, Dick and Harry bank creating their own stablecoin, that would be a mess.

Aprium9

AlphaArcade for the weekly USDC payouts

sogdianus

You have a startup and don’t know how to get cash? Send to CEX, sell USDC for USD, send to modern bank account like Revolut, go to ATM, get cash. Done

Atmacrush

If you can make that 10k back, you can borrow against your btc for USDC on coinbase and use their coinbase card to spend the USDC. If you don't want to go that route, sure, selling is always an option.

tony-tokenomics-net

Yes, you can build it. What you're describing is a stablecoin. A token only holds a fixed price if someone stands ready to mint and redeem at that price, every day. That means full backing – dollars, treasuries, or overcollateralized crypto in reserve. No backing? Then the market sets the price the moment others can buy and sell. Near every unbacked peg has collapsed. Terra erased $40B+ this way. Starting with all the supply is the other problem. One wallet holding 100% reads as exit liquidity. Buyers and screeners check that first, and they'll pass. Two questions before you write any code: – If it never goes up, why does anyone hold it? You need a real payments use, not an investment story. – Fixed-price redeemable tokens are regulated as stablecoins in most places. That's a licensing problem, not a coding problem. The mechanism is the easy part. The reserves and the trust are the business. The reason why a stablecoin maintains its peg is because people know it's backed by a real $1, such as USDC. The market will arbitrage its way to equilibrium from there. Tony Drummond President, [Tokenomics.net](http://Tokenomics.net) This is general educational information about token design, not investment, financial, or legal advice. Token launches carry real risk; do your own research and get advice tailored to your specific situation.

Patient_Craft2195

For me it was settlement times. Sent money abroad once through a bank, took 4 days and ₹1,800 in fees. Then I moved USDC in 30 seconds for a few cents. Never looked at SWIFT the same way again

ShipMysterious7602

Have you looked at the Tangem cold wallet? It comes with Tangem Pay built right into the wallet, if available in your country, which includes a virtual or physical card. So you get best of both worlds, a good cold wallet where you can hold the bulk of your funds and a card linked to the wallet. The card is currently funded with USDC on the Polygon chain but more are apparently coming. Very generous limits on the card. Best combination I know of where you have full control (custody) over your funds and where is't quick and easy to push funds over to you card for spending. Unused funds can be pushed back to your wallet again.

Patient_Craft2195

been around since 2020 and this feels almost identical to mid 2022. same group therapy threads, same "is this 2018 again" posts, same alt bleed.what im watching — stablecoin supply (USDT and USDC printing usually leads bottoms by a few weeks), hashrate near miner shutdown levels, and ETF flows finally stopping the bleed. none of those have flipped yet which is why im also not FOMO-ing here.solana, BNB, XRP holding up cleanest. agree most other alts are zombies until macro turns.

Educational_Cable405

Quick rundown of how these instant swap sites actually work, since people imagine some peer to peer magic. They're just custodians with their own liquidity and exchange accounts. You send USDC, it gets scored by a chain analysis API, and if the score is clean their hot wallet sends you BTC. If it's not clean, the funds sit on hold until you complete the exact KYC you were trying to avoid, and that's spelled out in basically every one of their terms of service. The 'no KYC' part really means 'no KYC unless our compliance vendor says otherwise'.

philgit

You can totally build a crypto coin from scratch and give yourself all the supply. Keeping it perfectly stable forever, though, is another beast. Most stablecoins either hold real money in a bank (like USDC) or rely on algorithms to expand/shrink supply. The algorithmic ones often blow up—Terra is the big warning sign. Even if you start with 100% of the coins, as soon as other people can trade them, market demand decides the price. You’d have to constantly buy or sell to defend the peg, and that gets expensive fast. So yes, possible as a project, but don’t expect perfect stability without serious money and risk management.

_BreakingGood_

it's mostly built for USDC so yes you can

Spirited-Birthday-20

Honestly I've been down this rabbit hole before and it's getting harder to find ones that don't suddenly ask for email or phone verification halfway through. Kinda defeats the whole point. I tried a few aggregators last month but got spooked by one that held my transaction for like 6 hours with zero support. Ended up just eating the KYC somewhere else out of frustration. The thing I always wonder about when you send USDC most especially on TRC20 vs ERC20, how do you verify beforehand that the swap service actually supports the specific network you're sending from? I've seen fine print screw people over. Would it be okay if I DM you a quick follow up? No worries if not.

MetaMaskSwifties

NBA NEWS. SPURS, TO PLAY AT HOME ON SAT!!!!IF they win, they go back to New York on TUESDAY #2 SPURS at #3 KNICKS | NBA FINALS GAME 4 HIGHLIGHTS | June 10, 2026  [youtube.com/watch?v=4WzuI2GntPc](https://www.youtube.com/watch?v=4WzuI2GntPc)  SPURS lost 2 games by one point How to use base Network the easiest way possible. Install Meta Mask, MetaMask, takes about 5Minutes. On a new installed meta mask, click at all networks and only select base. You will see Ethereum with a base logo. For beginners. Base is a layer added to Ethereum network. Next, click at Add funds. Select token Market place, procced to buy, meta mask will filter for you to only buy Base making it easy. How to swap, note ETH base at top area with Max, and USDC at the bottom area, click at USDC to bring up search box, at the search box, search for Degen, select Degen base first choice and swap. Why Degen, the founder and the programmer do a weekly live stream with 8K views, with other programmer or community members giving inputs to make Degen the top crypto projects ever made. Note, new changes announced this week, price is going up every other day, people love the community efforts.  TIP. Only buy real Base projects listed on multiple crypto exchanges. Currently DEGEN is ranked number one across all social media: TIP: If you buy a token on meta mask and can’t see it after a swap, do not panic, add the token contract using the right network

DecisionBubbly5623

I think this is one of those stats that sounds bullish, but needs a lot more context. If true, it’s actually a much healthier signal for crypto than trading volume, people buying groceries or paying bills is real utility, not speculation. But I’d also want to know what “crypto payments” actually means here. Is this mostly stablecoins (USDC/USDT)? Because that’s a completely different story from people paying for coffee with BTC or ETH. Stablecoins make way more sense for daily spending since nobody wants to buy lunch and realize they spent 20% more a week later because of volatility. Personally, I still see Bitcoin more as savings and stablecoins more as payments, different tools for different jobs.

No-Inevitable-6141

Been trying KazePay recently with USDC. Pretty straightforward so far. I mainly wanted something that didn't require moving funds around every time I wanted to buy something.

Fickle_Thanks1682

 am posting to see whether anyone else has experienced something similar recently with Paxful. Several years ago, I accidentally sent a significant amount of USDC to a Paxful-controlled wallet using an unsupported network. At the time, Paxful only supported a different network for that asset. I contacted support repeatedly over the years and was consistently told that recovery was not possible. Recently, I was unexpectedly contacted by Paxful Support through their official support system. They informed me that they were now able to recover the previously inaccessible funds and requested a destination wallet address so the funds could be returned. Email was sent from their official freshdesk support (*support@paxful.freshdesk.com*) I promptly provided the requested wallet address. Shortly afterward, I received confirmation that my information had been received and that the case was under review. However, since then, several weeks have passed with no further updates despite multiple follow-up emails. **What makes this particularly confusing is that I can see on-chain evidence that assets from previously inaccessible addresses appear to have been consolidated into a wallet that seems to be under Paxful’s control. However, there has been no communication regarding when recoveries will be processed or whether anyone has actually received a refund.** I am not making any accusations at this stage. I am simply trying to determine whether: \* Anyone else has recently been contacted by Paxful regarding recovery of unsupported-network deposits; \* Anyone was asked to provide a wallet address for a refund; \* Anyone has successfully received recovered funds; \* Anyone is currently waiting for an update after providing a wallet address. If you have experienced something similar, I would appreciate hearing about your timeline and outcome. For privacy reasons, I am not posting transaction hashes, wallet addresses, account information, or exact amounts publicly at this time. Thank you.

brb_im_lagging

Depends on the chain they ask. Get a wallet for whatever chain supports it, load it up with your fund, then send however much to whatever address they provide. Eg if Ethereum network and they want USDC, then get something like Metamask, send USDC to it from some exchange (eg binance, coinbase), then send the USDC to whatever they said to send it to There's a non zero chance you're getting scammed btw so good luck

Coleyx123

Damn. My wife and I are looking at a 7-8 figure malpractice suit, and I'm only thinking about holding 100k in USDC and living off of that once we've purchased land, build a modest size house (2000-2500sq/ft), and a garage/workshop to park a handful of dream cars in. Where we live, the cars are going to be the bulk of the spending, and can all be done with a mil or so. Of course, we'll have an additional nest egg, but one only needs so much money. If it weren't for the fact that my wife lost independence and quality of life, not to mention the impact this has caused on the actual important things (not the 60k+ she's not making), we wouldn't be going for their throats. But when the bottom line is what's most important, going after it is the most you can hold them accountable. But that leaves a lot of money we don't need. I'm atheist, but my boss's church does great things for the local community, so they can get half a mil so long as it goes to helping people instead of Jesus crap. The rest, still haven't decided. I'm thinking, since I enjoy crypto, developing a network with real-world benefits. A coin to help people in our current situation who lost their insurance during a time when it's needed. I'd like one focused on neurological conditions, but creating a secondary coin to cover medical bills for important stuff, like mammograms, OBG, prostate health, etc. Savings lives utilizing crypto is good for the whole market. Gotta develop a good ecosystem for when that time comes, but that's a little more in depth than I'm capable of, but I've got ChatGpt, worse case. But I imagine this is the best community to find like minded people or people who see a future in it and are just worried about profits, and bringing them onboard to assist in making it happen. I'd much rather have people on my team who are knowledgeable, and it'll be worth their wild. Cash payment for work, or an allotment of coins to be locked, as well as some readily available on launch that'll be "valued at more than the cash payment. Just wanting to make the world a better place, and when we get our money, this dream will hopefully become a reality. What happened to my wife wasn't fair, which neither is life, but the slightest stress taken off your shoulders in a situation like this is so much. Plus the irony is beautiful.

ScooterMcWTF

USDC

clutchtho

My base holdings may not have moved after 5 years, but I've made plenty of money trading shit coins and NFTs in those 5 years. As in, I have a stable stash of Bitcoin I don't touch that I add to whenever I make profitable trades, from those profitable trades I usually buy bullion, gifts or cash out USDC. After 5 years my BTC stack may not have changed in USD value, but I've cashed out just about the same amount through other means. This isn't doesn't factor in the entertainment value following crypto socials over the last 5 years has brought me.

AmphoePai

It does mean something. You can stake USDC on Aave and many other services for better yield than bonds, there's many Blockchains that offer tokenized stocks (not just HYPE) which enable after market trading with good liquidity, Ethereum is the infrastructure layer for stablecoins, XLM allows you to bypass services like Western Union, you can support independent creators on Odyssee by gifting the coin, and bypass Youtube/Google censorship. There's so many good and legit uses for crypto, and saying that all the work done by their community is just "nothing", is such a tired talking point.

RoughReality277

They have seized the USDT/USDC.. but NEVER self custody BTC.

ThorgrinHaphazard

A few things! Happy to dive into it. Firstly, we’re not an aggregator. EverSwap is an AMM so we have our own liquidity pools - but our architecture is a brand new design. Each asset has just one pool - (e.g one pool for ETH, one pool for USDC, etc). We don’t have token pairs in a traditional sense. Instead of token pairs, we use a new weight based system. Each pool is assigned a dynamic weight that reflects its relative balance and utilization within the ecosystem. That weight is used to calculate the exchange value between assets - which also means that we have no reliance on external price oracles, which are a huge attack vector. Because of the design of our pools, every token essentially has a direct swap route with every other token - which means better swap rates because there is no need for routing through intermediary tokens eg ETH > USDT > wBTC, with EverSwap it’s simply ETH > wBTC. Our pools also facilitate swaps, lending, and borrowing from the same liquidity source. This is very cool - because it means that LPs can deposit just one token, they earn fees from multiple streams, and they earn every time the token they deposit is utilised - not just a specific pairing. We have some more magic that happens behind the scenes with relayers too. Because EverSwap doesn’t use pricing oracles, every pool interaction (swap, lending, borrow, etc) creates an arbitrage opportunity between EverSwap and external venues. We use relayers to execute transactions on EverSwap - with a new kind of meta transaction. Relayers fulfil users intents, perform arbitrage across the system to rebalance the weights of the pools. They get paid - and they share arbitrage surplus back to LPs - keeping value that would otherwise be lost to MEV within the protocol. That’s just a brief overview - let me know if you have any more questions :)

Reach_Beyond

I bought. I sold all between low $70k BTC and was 95% out at $110k BTC and 4.5k ETH. All that cash was in interest barring USDC. It is now 100% re invested between $68k to $60k BTC and 1.6-2k ETH. Not looking for opinions or tell OP what to do. No idea why I did it other than vibes

Good-Book-6912

I don't know how many transactions, but the tps capacity is very high. I just like that it is easy to vibe code apps on it. I have an app with goal and time locked savings, where I can only get access to the USDC again if I reach the goal amount or the future unlock date. Not sure how easy that would be to create on Solana, but I think someone mentioned something about chewing glass in relation to programming on Solana.

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Post is by: ThorgrinHaphazard and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1tzlgj9/bear_market_founder_thoughts/ This post was removed the first time. I’m not sure why. It’s not spam - though my thoughts can often be interpreted that way. Alas, I’ll try again. Crypto isn’t dead. Far from it. It might feel dead. It might look dead. It might even taste dead - though if you know what dead tastes like, please, let’s not meet. Despite the appearances, under the lifeless, murky surface, life still lurks. It might not be vibrant. It might not be beautiful. It might not be screaming across your timeline in all caps with a 40x chart attached. But it is there. It’s quiet, resilient, and purposeful. I’ve worked in the blockchain industry since 2020. I’ve seen startups rise, raise, ship, pivot, collapse, disappear, and occasionally survive long enough to become something real. The thing I’ve learned is this: Bull markets are loud, but bear markets are honest. In a bull market, everything looks like product-market fit. Bad ideas raise. Half-built products get users. Everyone is bullish on something, and less than half of them know why. In a bear market, there’s nowhere to hide. No endless hype. No free attention. No green dildos spreading orgasmic euphoria through your wallets. You either believe in what you’re building, or you stop. That’s where we are with EverSwap. EverSwap was built around a simple belief: DeFi’s foundations are still inefficient. Liquidity is fragmented across pairs, lending markets, vaults, bridges, aggregators, and isolated systems that all fight over the same capital. Every new protocol adds another layer, another market, another incentive scheme. Everyone is optimising around the inefficiency. But the underlying problem remains. Capital is split everywhere. So we decided to do something about it. Our system is based around a simple idea: just one pool for each token. One pool for ETH. One pool for USDC. One pool for each asset. No token pairs. No liquidity scattered across endless pools. No reliance on external oracles. Just one unified liquidity base that can support swaps, lending, borrowing, and protocol-level arbitrage. EverSwap uses single-asset pools and a weight-based architecture to let multiple DeFi functions operate from the same underlying liquidity. The goal is not to build “another DEX.” The goal is to build a stronger base layer for DeFi liquidity. A system where liquidity can be deeper, simpler, more reusable, and more capital efficient. And building that in this market has been hard. Really hard. We’ve bootstrapped every penny to date. The product is close. The validation is real. We’ve had strong technical feedback, we’ve recently been accepted into a subsidy program by the Ethereum foundation, and we have real conversations that make me believe the idea matters. But raising right now is brutal. Investors are cautious. Attention is thin. Most people are waiting for signs of life before they take risks again. I get it. But I also think this is exactly when the next important things get built. Not when everyone is euphoric. Not when every idea can raise off a narrative. Not when “DeFi is back” is trending again. Now. When it’s quiet. When it’s painful. When conviction actually costs something. Because crypto is not dead. It mirrors the traits of the people still building through this market. Quiet. Resilient. Purposeful. That’s why we’re still building. EverSwap is our attempt to solve one of the core structural problems in DeFi: fragmented liquidity. Maybe we’re early. Maybe the market isn’t ready yet. Maybe it takes longer than we want. But I’d rather build something difficult in a dead market than chase something easy in a loud one. And sure as hell, when the market recovers, the charts go woo woo, and everyone’s asking what colour your Lambo is going to be - we’ll still be here. Only by then, we’ll have something remarkable to show for it. The bear market has a way of stripping things back to one question: Do you actually believe this should exist? For EverSwap, the answer is yes. The website is EverSwap.com. I’m still in love with the name. I think crypto will fall in love with the idea. If you have any questions, criticisms, or want to quiz me on the technicals, I’d genuinely love to hear from you. And if you’re a whale or angel and have an overwhelming desire to inject capital into something that matters, I’d be lying if I said I wouldn’t take the call. If you want to follow the build, here’s our Twitter link. I still refuse to call it X. Twitter/X: https://x.com/everswapx?s=11 We have 43 followers at the time of writing. I wonder where that number will be when the market picks up again. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

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Post is by: ThorgrinHaphazard and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1tzlcb8/building_in_a_bear_market_note_from_a_founder/ Crypto isn’t dead. Far from it. It might feel dead. It might look dead. It might even taste dead - though if you know what dead tastes like, please, let’s not meet. Despite the appearances, under the lifeless, murky surface, life still lurks. It might not be vibrant. It might not be beautiful. It might not be screaming across your timeline in all caps with a 40x chart attached. But it is there. It’s quiet, resilient, and purposeful. I’ve worked in the blockchain industry since 2020. I’ve seen startups rise, raise, ship, pivot, collapse, disappear, and occasionally survive long enough to become something real. The thing I’ve learned is this: Bull markets are loud, but bear markets are honest. In a bull market, everything looks like product-market fit. Bad ideas raise. Half-built products get users. Everyone is bullish on something, and less than half of them know why. In a bear market, there’s nowhere to hide. No endless hype. No free attention. No green dildos spreading orgasmic euphoria through your wallets. You either believe in what you’re building, or you stop. That’s where we are with EverSwap. EverSwap was built around a simple belief: DeFi’s foundations are still inefficient. Liquidity is fragmented across pairs, lending markets, vaults, bridges, aggregators, and isolated systems that all fight over the same capital. Every new protocol adds another layer, another market, another incentive scheme. Everyone is optimising around the inefficiency. But the underlying problem remains. Capital is split everywhere. So we decided to do something about it. Our system is based around a simple idea: just one pool for each token. One pool for ETH. One pool for USDC. One pool for each asset. No token pairs. No liquidity scattered across endless pools. No reliance on external oracles. Just one unified liquidity base that can support swaps, lending, borrowing, and protocol-level arbitrage. EverSwap uses single-asset pools and a weight-based architecture to let multiple DeFi functions operate from the same underlying liquidity. The goal is not to build “another DEX.” The goal is to build a stronger base layer for DeFi liquidity. A system where liquidity can be deeper, simpler, more reusable, and more capital efficient. And building that in this market has been hard. Really hard. We’ve bootstrapped every penny to date. The product is close. The validation is real. We’ve had strong technical feedback, we’ve recently been accepted into a subsidy program by the Ethereum foundation, and we have real conversations that make me believe the idea matters. But raising right now is brutal. Investors are cautious. Attention is thin. Most people are waiting for signs of life before they take risks again. I get it. But I also think this is exactly when the next important things get built. Not when everyone is euphoric. Not when every idea can raise off a narrative. Not when “DeFi is back” is trending again. Now. When it’s quiet. When it’s painful. When conviction actually costs something. Because crypto is not dead. It mirrors the traits of the people still building through this market. Quiet. Resilient. Purposeful. That’s why we’re still building. EverSwap is our attempt to solve one of the core structural problems in DeFi: fragmented liquidity. Maybe we’re early. Maybe the market isn’t ready yet. Maybe it takes longer than we want. But I’d rather build something difficult in a dead market than chase something easy in a loud one. And sure as hell, when the market recovers, the charts go woo woo, and everyone’s asking what colour your Lambo is going to be - we’ll still be here. Only by then, we’ll have something remarkable to show for it. The bear market has a way of stripping things back to one question: Do you actually believe this should exist? For EverSwap, the answer is yes. The website is EverSwap.com. I’m still in love with the name. I think crypto will fall in love with the idea. If you have any questions, criticisms, or want to quiz me on the technicals, I’d genuinely love to hear from you. And if you’re a whale or angel and have an overwhelming desire to inject capital into something that matters, I’d be lying if I said I wouldn’t take the call. If you want to follow the build, here’s our Twitter link. I still refuse to call it X. Twitter/X: https://x.com/everswapx?s=11 We have 43 followers at the time of writing. I wonder where that number will be when the market picks up again. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Advanced-Summer1572

There is room for both. Don't follow SUI. Tell me what it's transaction rate is? What is its daily new agents/ members? How many transactions a day? I don't follow it. Staked in Solana and all in on Bitcoin. Starting to accumulate USDC. Was in on Tether back in early 2020.

Advanced-Summer1572

Look at it this way...the fees for moving fiat currency to Stablecoins (uSDC and USDT currently) will be an industry too. So there is still a chance for those of us who aren't in the billion USDC/USDT club can become billionaires in international Stablecoin exchanges. The overnight currency exchanges and borrowed Stablecoins will make our Satoshis very expensive. Fingers crossed. The future is starting.

Calm-Professional103

One third of my portfolio is an approximate 1:1 mix of BTC and gold, one third is in VEQT and one third is in cash and yield-bearing USDC. 

Ok-Local5322

Check [Ether.Fi](https://www.ether.fi/@promo) \-- 15% cashback for food and groceries in May and June and 3% cashback for everything. Use code **promo** or **cashback** to get it. You spend USDC or EURC with 1% commission, but get back 3% cashback in ETH (weth) and can convert to usdc immediately. ApplePay/GooglePay No Mica/ DAC8 so no reports to tax offices.

Spark_by_Spark

The invisible plumbing framing is exactly right. The agent calling the service doesn't need to know or care whether it settled in USDC on Base or sats over Lightning. It just calls an endpoint, gets data, and its balance goes down by a fraction of a cent. The subscription model survives today because per-call payments have too much friction. When that friction goes to zero —> (no signup, no credit card, no API key) —> the economics flip. You only pay for what you use, at machine speed, with no human in the loop. The L402 standard has been around for a few years but adoption was slow because getting an agent to actually pay Lightning invoices required real infrastructure work. That's what we just shipped.

jwz9904

USDC to flip bnb

LimpSignificance5867

I’m posting this partly to seek advice and partly to make other Coinbase India users aware of a serious issue. A few weeks ago, Coinbase launched INR support in India. Since I was already using Binance and wanted to consolidate my holdings, I decided to move my crypto from Binance to Coinbase. Unfortunately, I made a mistake. I transferred BTC from Binance to Coinbase using the Ethereum network because the fees were lower. Binance converted the BTC into Binance Wrapped BTC (BBTC), which is an ERC-20 token on Ethereum. Coinbase does **not** support BBTC. That part is on me. I fully accept that I used the wrong network and sent an unsupported asset. However, this is where things get frustrating. **Coinbase can see the asset** Coinbase’s Asset Recovery tool is able to: 1. Locate the transaction 2. Identify the BBTC deposit 3. Display the recoverable amount 4. Calculate the recovery fee In other words, Coinbase knows exactly where the asset is and can identify it. **But Coinbase India users can’t send crypto** Because I linked a bank account to use INR services, Coinbase has permanently disabled “Send” functionality on my account due to their India policy. According to Coinbase support: 1. I can buy crypto 2. I can sell crypto 3. I can receive crypto 4. I can withdraw INR But I cannot send crypto to another wallet. **Why this creates a deadlock** The standard recovery process requires sending the recovered asset to Coinbase Wallet. Since my account cannot send crypto, the recovery process cannot be completed. So I am stuck in a situation where: 1. Coinbase can find the asset 2. Coinbase can identify the asset 3. Coinbase can calculate recovery fees 4. Coinbase acknowledges the recovery tool exists Yet I have not been given any path to actually regain access to my asset. **What I have asked Coinbase** I have repeatedly asked Coinbase for any of the following: 1. Manual recovery 2. Crediting equivalent BTC, cbBTC, or USDC to my Coinbase account 3. Alternative recovery methods 4. Escalation to the Asset Recovery team 5. Returning the asset to the originating source address So far, I have mostly received responses explaining why my account cannot send crypto, rather than explaining how I can recover an asset that their own systems have already identified. **My concern** I understand that sending unsupported assets is a user mistake. But if Coinbase can identify and locate the asset, there should be a reasonable recovery path. What worries me is that this issue could affect any Coinbase India user who accidentally sends an unsupported ERC-20 token to Coinbase. At that point, you may discover that: 1. Coinbase can see the asset 2. Coinbase knows it belongs to you But recovering it may become extremely difficult due to account restrictions **Looking for advice** Has anyone here successfully recovered an unsupported token from Coinbase under similar circumstances? Has anyone dealt with the Coinbase Asset Recovery team directly? If anyone from Coinbase is reading this, I would appreciate a clear path forward rather than repeated explanations about Send restrictions. I am not asking for special treatment. I am simply trying to regain access to an asset that Coinbase’s own recovery systems have already identified. Any advice or visibility would be greatly appreciated.

Relevant_Elderberry4

Lol. One I use the most aside from USDC. Different strokes for different folks I guess

Matilda_1994

Yes, I'm currently accumulating USDT and USDC more often. Do you have any other stablecoin recommendations?

bugtypepokemon

i doubt it - USDC is ingrained in crypto ecosystem as a whole pretty heavily while withstanding the SVB debacle w the depegging very little incentive to use new stablecoins outside of crazy yields

Django_McFly

There's an alternate reality where: * Cardano launches smart contracts when stuff like Solana, Polygon, BSC and Avalanche were just coming out too. * They either paid for USDC or had their own bog standard, normal, treasuries in an account, no algo BS stable coin. Token might be in the shitter still, but at least there'd be defi and activity. The price would be struggling but the actual chain and ecosystem would be ok.

ChipmunkSelect9046

He's the perfect crypto king! But get in the next big thing.. heard he's setting up a new Turth Social channel where you can get his recommendations on Polymarket bets if you just sent him $1000 of USDC right now!

Sensitive_Income6998

That’s the real habit loop, not the portfolio. Even with USDC + 3.5% you’re still checking for the dopamine, not the outcome. If it’s not changing your decisions, it’s just noise you’ve trained yourself to open.

CrazyAppel

You are right, here is non vague, provable version for USDC: * SVB depeg * Reliance on central banks * Never had any full reserve audits All 3 can be proven. Addition, this "vagueness" is a common bootlicker strategy to hide dirt, so yeah...

mel2000

> USDT is made of... fake audits That can be proven to be true. > USDC is made of bootlicker western surveillance dystopia That's a vague and unprovable assertion.

cryptomaniaclo

both are fine for trading day-to-day. USDT has deeper liquidity and more pairs, USDC is generally seen as more transparent on reserves. I default to USDC and only hold USDT when a pair requires it.

cessjesdy

USDT for active trading, the liquidity gap is real and most deep pairs are USDT-denominated. For holding and off-ramping to fiat though, USDC has been smoother in my experience, especially through [Stable.com](http://Stable.com) which covers a ton of markets directly.

CrazyAppel

lol USDT is made of insolvency, offshore casino lawyers and fake audits USDC is made of bootlicker western surveillance dystopia there is no right answer here...

CipherScarlatti

It's USDC.

klustura

It depends on where you trade. Coinbase's last 24h volume: - BTC-USDT: 14M - BTC-USDC: 1.4B

Fair-Average5139

For trading it’s USDT because it has much more liquidity than USDC, and the most liquid pairs are usually USDT/XXXX. But for holding I would say USDC because it’s arguably safer.

NFTbyND

Apologies for the bs comments on your post. Do this. Go to uniswap.org and swap your USDT to USDC. Then go to Thorswap.finance and swap your USDC to Bitcoin. It's kyc free. Unlimited amounts. True decentralized DeFi.

Grunblau

Family in Europe insisted that I use PayPal to send graduation money and pay the fees instead of sending BTC, USDC, EURD, or even GOLD. I told them to ask my nephew about their preference, but was stonewalled.

infernal_celery

Nah just usual bear market shit I suspect. I can tell you that industry loves USDC at the moment, especially finance, but industry =/= hype

ZyxzyxxyzxyZ

What??? My USDC is holding steady. Same with USDT.

AttentionNo8097

it’s funny you say that bc in the sol memecoin community, almost everyone is panicking and stabling to USDC. i’m excited to see which way it goes regardless 

Slayerofgrundles

In this case, it's because they were using stablecoins, which can be frozen by the issuer (USDC, USDT, etc).

AvailableTie6834

wasnt it USDT/USDC? Both USDT and USDC literally have a function to blacklist addresses that they want, this way, the addresses cannot send any usdc/usdt to anyone literally seizing the asset.

ShipMysterious7602

Check out Tangem Pay, not on your list. Only option where your funds can be kept in a cold wallet and only moved to the card as required in USDC and back to the wallet if needed. Card sits right there in your cold wallet. Seriously generous limits on the card like up to $10m in purchases a year, max balance of up to $50k, up to $100k loading per day and up to 24 loads a day etc....

ExtentOld2417

DCA daily as usual, and I’ll blow through my USDC that I’ve built up for these drops 

KenBgood

Trust wallet is TRASH! Traden everything that i can to USDC to transfer back to CB. I'm out ✌️

MachiavelliOsiris

I bought micron stock on a whim cause I’ve been hearing a lot about in podcasts. It’s up 50% since I bought it TWO weeks ago. I wish I put more in. ASML TSM GOOG QCOMM etc they’re all crushing the last couple months. I took some money out of my USDC balance I had and moved it over. Everything is up 15-50% in the last couple months. I wish I put in more.

polymath_uk

Well, a bitcoin is worth 75k USDC, so I know which I'd save and which I'd spend. 

Bobbybobinsonbob

I sold last year, and just got that money sitting in USDC getting 3.5% apy And I still check it everyday lol

SN617

Worth knowing how the rate is actually set. Morpho is a market, so the borrow rate floats with utilization: when most of the supplied USDC is borrowed, the rate climbs to attract more lenders; when utilization is low, it drops. Spikes to 15 or 20 percent can happen during high demand, but a sustained 50 to 100 percent would mean the pool is almost fully drained, which usually corrects fast as suppliers chase the yield. You can watch the utilization and rate curve live before you borrow.

dhizt1105

You raise a very good philosophical issue here; crypto is indeed not a tangible asset and it is also not an ordinary debt claim. However, most people do not care much about that philosophical distinction, as far as the network provides some tangible benefits when used in real life. My primary motivation behind using cryptocurrencies is their tremendous efficiency when making payments. The last time I bought something using cryptocurrency was yesterday evening, when I bought a $50 Xbox gift card through UPTOP by using USDC. Paying in cryptocurrencies is always free, since no credit card fees apply, and also the foreign currency spread is compensated for, so using crypto was more efficient than using fiat. There was one problem with that transaction; my code was stuck at first, but after an 8-minute call to customer support, everything went smoothly.

BTCintermfasting

Yes, for real it’s called recursive looping. It’s easy and safe, but most people get liquidated because they get greedy. They think the price is gonna go up forever and they use max recourse of looping. What you have to do is do a safe amount so if bitcoin goes up $100 you only take 20 of that hundred and then you max recursive loop that 20 so the 20 ends up being around $38 worth by bitcoin with that rinse and repeat every time bitcoin price goes up $100 And then you keep your borrow limit low once you stop at the safe risk metric price. So for someone new doing this a safe LTV borrow would be about 20%. I’ve been doing this for multiple cycles so I have a whole bunch of different methods like my salary would go straight to USDC and I wouldn’t use that and that would build every month which would generate yield every month that compounds so you can imagine what that ends up being month after the month year after year Then there’s the credit card cycle thing where you use your credit card for your bills so you can use your cash to put into USDC and then if you want, you can borrow against your USDC to pay off your credit cards by the statement date so it looks like you’re using your credit cards and you’re paying Which builds your credit quickly and gives you more access to cash and you can borrow a whole lot more because your credit score goes up and you buy more bitcoin and etc. etc. I have so many methods that I’ve thought of throughout each bar market while also studying what wealthy institutions do that as long as I have access to a phone to invest or a computer to invest, and I can do something like DoorDash to generate money I can start from zero and become rich Anyone can this isn’t something that just someone with a lot of money can do. It just would be slower if you have less money and faster if you have money, but the key is patience the patience of not trying to buy bitcoin in the midterm year before Q4 when it usually Until the cycle changes, I stick to that every single cycle

SN617

Morpho rates are set algorithmically by utilization, how much of the supplied USDC is currently borrowed. High utilization pushes rates up to attract suppliers, so a 15% spike is realistic in high demand, but those rates also pull in fresh supply that drags them back down. A sustained 50% to 100% would mean the pool is maxed out for a long stretch, which is rare outside a real liquidity crunch. Honestly the rate is less dangerous than your LTV. A price drop liquidates you, a rate bump just costs interest.

TheresNoSecondBest

>I'm not talking about keeping USDC/USDT. Me neither, mate. I'm talking about swapping your bitcoin for a fully premined and centralized shitcoin, called "wrapped" bitcoin.

greenglobones

USDC for sure has an audit. They publish it every month. USDT, the most popular… has never had an audit.

Cryptocom4life

**True Decentralization:** Unlike major stablecoins like USDT or USDC, which are managed by centralized corporations with the power to freeze accounts, DigiDollar requires no CEO or company. Y’all should really do a deep dive into the digibyte blockchain and come back to this post and thank me later https://digibyte.io/digidollar

canman44999

Posting this for the newer accounts in the XLM threads asking whether to hold or add after the DTCC headline. I traded the exact same setup last year and there are a few things worth knowing. First, the integration does not go live until the first half of 2027. That is a 12 to 18 month forward trade, and forward trades on tokens rarely sustain once headline traders rotate out. Second, the deal does not flow to the token. Tokenized assets on Stellar are issued by DTCC and settle in USDC, while the per-transaction fee paid in XLM rounds to zero in dollar terms. The protocol gets used, the token does not benefit. Third, funding rates went negative within hours of the rally and stayed there. Longs are paying shorts even at the top of the move, which is the signature of a short squeeze rather than institutional buying. Last summer ran this same play on Protocol 23. The token doubled in four weeks, then bled 70 percent over ten months. None of the catalysts shipping into that bleed managed to lift the price.

DAOTimes

Heads-up for anyone who bought XLM during the past week and is wondering whether to add. The DTCC integration does not go live until the first half of 2027. That is a year of forward expectations stacked into the current price, on a token where fees paid in XLM are functionally zero and where settlement runs through USDC. The deal does not require the token to capture value from it. The pump came from short liquidations and retail flow, not professional buying. Funding flipped negative within hours of the headline and has stayed there, with volume decaying every session since the peak. July 2025 ran the same playbook on Protocol 23 and PYUSD. The token bled over 70 percent across the following ten months. Take the gift if you have one. Hard to chase from here.

Prior_Parsley3960

**What happened** * Cosmos/Ethereum bridge **Gravity Bridge** was exploited for approximately **$5.4 million**. * Initial reports suggest a **bridge signing key compromise**, allowing unauthorized withdrawals. * Validators have **halted the bridge** while the incident is investigated. **Assets stolen** * \~$4.3M USDC * \~274 WETH (\~$553K) * \~$434K USDT * \~14 PAXG (\~$64K) **Current status** * Some funds have reportedly already been moved through **ChangeNow** and **Binance**. * The attacker wallet was still holding roughly **2,100 ETH (\~$4.2M)** when security researchers published their findings. * Bridge operations are paused. **Why this matters** * Gravity Bridge is one of the more decentralized Cosmos↔Ethereum bridges, relying on validator consensus rather than a small multisig. * If the signing-key-compromise theory is correct, the incident highlights that even decentralized bridge architectures can still have critical key-management risks. **Broader market implications** * Another major bridge exploit adds to growing institutional concerns about DeFi infrastructure. * Bridge hacks remain one of crypto's most persistent security problems because bridges often become concentrated pools of assets. * This is reportedly the **8th major bridge exploit of 2026**, with cumulative bridge losses now exceeding **$300 million** this year.

Ill-Introduction9513

For just receiving payments, Phantom (if USDC/Solana) or MetaMask (EVM chains) are the standards. they are widely supported and easy to share an address. Make sure you know which chain your employer is paying on before picking one.

ShipMysterious7602

Check out Tangem pay. Their wallet has a virtual debit card linked to the wallet. Not sure whether it's available in Mauritius yet. Best way to find out is to just apply for Tangem pay after you installed their wallet. The list of countries or regions on their website says Africa but also that not all countries may be supported. Their wallet is a hot wallet but you can also order the wallet cards if you want which will then turn your wallet into a cold wallet. Tangem Pay is an add-on for the wallet. Sits right in the wallet so quick and easy to move funds to the card as and when needed. Still in beta though so you can only fund the cars with USDC (Polygon) at this stage but more chains apparently on it's way.

CODE_HEIST

For USDT or USDC, the main thing is making sure the wallet supports the chain you actually use. The token is not enough. USDT on Ethereum, Tron, Solana, Arbitrum, etc. are different networks. Sending to the wrong chain is where people get into trouble. Ledger and Trezor are common cold-wallet options, but I would decide based on chain support, recovery process, and how comfortable you are doing a small test transfer first. Always test with a tiny amount before moving the real balance.

Sorry_Cheetah_2230

What does it look like from a merchant side though, is it worth it to offer it for such a small percentage of people to pay with it? If all we are going to be able to use is UDST/USDC then there’s no real difference between it and a regular debit card.

Fuzzy-Combination808

As a fellow 2021 holder, do NOT sleep on the tax implications of spending BTC directly. Every coffee you buy is technically a capital gains tax event. If you want the absolute easiest way without moving funds back to a CEX, look into **Self-Custody cards (like MetaMask Card / Gnosis Pay)** or **Crypto-backed credit cards (like Nexo)** where you borrow against your BTC instead of selling it. Just keep in mind that pure BTC mainnet spending isn't a thing due to gas/speed, so you’ll likely need to hold some stables (USDC) or wrapped assets on an L2/EVM chain to link with those cards. It’s still 10x better than the old 'convert-and-wait-3-days-for-withdrawal' nightmare.

TeslaOwn

Stablecoin support is probably the biggest thing for everyday use. I wouldn’t want to spend BTC casually because of volatility and tax tracking. USDT or USDC spending makes way more sense for normal purchases.